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Overview

  • Updated On:
  • June 16, 2025
  • 3
  • Bathrooms
  • 13
  • Rooms
  • 6
  • Bedrooms
  • 0 ac
  • Property Lot Size

31 33 Bancroft Street, Providence, Residential Income

$ 579,900
31 33 Bancroft Street, ,

Description

Well-maintained 3-family home featuring 6 beds & 3 baths with major updates throughout. Roof replaced in 2020. Apartment 31 (top floor) was completely renovated down to the studs in 2021—new electrical, plumbing, insulation, flooring, fixtures & appliances. Apartment 31 (bottom floor) fully gutted and renovated in 2022 with the same level of upgrades. Apartment 33 includes a fully remodeled bathroom and updated electrical. Basement professionally repointed in 2021, ensuring a solid foundation. One boiler replaced in 2024; the other is approx. 8 years old. Two electrical panels: Unit 33 is separately metered and pays its own electric. Units 31 top & bottom include heat, hot water & electricity in rent. Entire property is hardwired for smoke & carbon monoxide detection. Strong rental potential with minimal future maintenance. Airbnb shows average nightly rates of approx. $100 for a 1-bed unit and $186 for a 4-bed, adding short-term rental potential. Perfect for investors or owner-occupants looking for turnkey income. Convenient location near amenities, public transit & highways. A rare opportunity to own a fully updated, structurally sound 3-family with long-term value and multiple income strategies.

Property Id : 528567
Price: $ 579,900
Property Lot Size: 0 ac
Rooms: 13
Bedrooms: 6
Bathrooms: 3
Basement: Full,Interior Only,Unfinished,Common,Laundry,Storage Space,Utility
Bathrooms Full: 3
Bathrooms Half: 0
Building Area Total (sqft): 2998
Inclusions: DOES NOT MEET THE FHA SELF-SUFFICIENCY TEST - CASH OR CONVENTIONAL FINANCING ONLY Buyer and buyer's agent to do their own due diligence verifying all information. Please present offer on a purchase and sales agreement, have the lender fill out the questionnaire, and email the offer in one file, not multiple files. Assessed Value reflects the 2025 change with a proposed tax rate of $8.25/$14.40 owner/investor.
Community Features: Bus,Commuter Bus,Golf,Highway Access,Hospital,Interstate,Private School,Public School,Railroad,Recreational Facilities,Restaurants,Schools,Shopping
Construction Materials: Dry Wall,Plaster,Vinyl Siding
Cooling: None
Other Equipment: Ceiling Fan
Owner Pays: Hot Water
Parking Total: 4
Electric: 100 Amp Service,Circuit Breakers
Fireplace Features: None
Fireplaces Total: 0
Flooring: Ceramic Tile,Hardwood,Vinyl
Foundation Details: Stone
Garage Spaces: 0
Heating: Natural Gas,Baseboard,Steam,Zoned
Laundry Features: Common Area,In Building
MLS Listing #: 1386782
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Features: Corner Lot,Paved Driveway,Sidewalks
Lot Size SQFT: 7401
MLS Status: Active
Number Of Units Total: 3
Parking Features: No Garage
Bathroom Features: Bath w Tub & Shower
Sewer: Connected
State: RI
Stories: 2
Street Additional Info: 33
Street Name: Bancroft
Street Number: 31
StreetNumberNumeric: 31
Street Suffix: Street
Annual Taxes: 6116
Water Source: Connected
Year Built: 1920
Address: 31 33 Bancroft Street
State/County:
Zip: 02909
Country: US
Open In Google Maps
Other Features
Deck
Dryer
Gas Water Heater
Has Heating System
Insulation (Unknown)
Open Parking
Oven/Range
Plumbing (Mixed)
Refrigerator
Wall (Dry Wall)
Wall (Plaster)
Washer
$ 3,432.19
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,707.31
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DISCLAIMER TEXT: 31 33 Bancroft Street | 528567 : IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2024 State-Wide Multiple Listing Service. All rights reserved.

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